Two views of New York

The Brooklyn Paper
Share on TwitterTweet
Share on Facebook

Don’t miss our updates:

One of the best views in Brooklyn costs $1.15 million — $300,000 more than one of the best views OF Brooklyn.

At the Edge condo tower along the Williamsburg waterfront, a two-bedroom, two-bathroom, 12th-floor unit looking west towards Manhattan costs that much more than a comparable apartment looking east over Williamsburg and Bushwick.

“Of course there’s a reason for the price difference,” said developer Jeffrey Levine, whose workers formally “topped off” a 30-story tower at the foot of North Sixth Street on Wednesday morning. “Do you pay more for a burger at McDonalds or a steak at Peter Luger?”

Depends on your taste, of course. Levine said that homebuyers from Brooklyn are choosing condos with their Peter Luger view (but not the Luger prices).

“Most of the Manhattan buyers want the Manhattan views, but it seems like many of our Brooklyn buyers — who already know how good the view is from the back of the building — take the deal,” said Developers Group Vice President Sarah Burke.

The backside view does offer Kings County landmarks like the unfinished “Finger Building” on North Eighth Street and the Russian Orthodox Cathedral of the Transfigur­ation’s onion-shaped dome on North 12th Street, but buyers are snagging the more expensive Manhattan-side apartments at a rate of two-to-one.

One proud Brooklynite doesn’t care.

“There should be a Borough President’s residence in this building, not facing Manhattan, but facing Brooklyn,” said Borough President Markowitz at the topping off ceremony.

So far, more than 20 percent of the 575-unit development is in contract, even though the building is not set to be completed until the fall.

Updated 5:09 pm, July 9, 2018
Today’s news:
Share on TwitterTweet
Share on Facebook

Don’t miss our updates:

Reasonable discourse

Comments closed.

First name
Last name
Your neighborhood
Email address
Daytime phone

Your letter must be signed and include all of the information requested above. (Only your name and neighborhood are published with the letter.) Letters should be as brief as possible; while they may discuss any topic of interest to our readers, priority will be given to letters that relate to stories covered by The Brooklyn Paper.

Letters will be edited at the sole discretion of the editor, may be published in whole or part in any media, and upon publication become the property of The Brooklyn Paper. The earlier in the week you send your letter, the better.

Keep it local!

Stay in touch with your community. Subscribe to our free newsletter: